My New Fed plan is a 2.5% wealth tax

My plan recovers an extra 2% for failure to pay Fe monopoly fees since the Nixon Shock.

But the wealthy will agree because fo the endogenous trade, government programs go on cash flow accounting within the system. It is the general form for a central bank contract. The wealthy sees the multipliers. The net tax is only 1%. They would have to pay the half point monopoly fee anyway. Then the more accurate system is a nominal 1% gain.

The plan does three things, Gets the programs on cash flow and sets a 15 year target for repricing the New Fed, and keeps the New Fed and Congress one more step separated.